Supermicro Announces Third Quarter Fiscal Year 2021 Financial Results
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Super Micro Computer (SMCI) PT Raised to $44 at Susquehanna
May 5, 2021 6:53 AM EDTSusquehanna analyst Mehdi Hosseini raised the price target on Super Micro Computer (NASDAQ: SMCI) to $44.00 (from $40.00) while maintaining a Positive rating.
The analyst commented, "We are updating estimates following SMCI's Mar-Q earnings and conf call. Although the company's growth drivers are materializing, driving... More
Super Micro Computer (SMCI) Tops Q3 EPS by 3c, Revenues Beat; Offers 4Q Revenues Guidance Above Consensus, Affirms 4Q EPS Views
May 4, 2021 4:17 PM EDTSuper Micro Computer (NASDAQ: SMCI) reported Q3 EPS of $0.50, $0.03 better than the analyst estimate of $0.47. Revenue for the quarter came in at $896 million versus the consensus estimate of $820.82 million.
Third Quarter Fiscal Year 2021 Highlights
Net sales of $896 million versus $830 million in the second quarter of fiscal year 2021 and $772 million in the same quarter of last year.Gross margin of 13.7% versus 16.4% in the second quarter of fiscal year 2021 and 17.3% in the same quarter of last year.Net income of $18 million versus $28 million in the second quarter of fiscal... More